Pirate FM News

Cost Of Renting Rockets in Cornwall

news - housing

Published by the Pirate FM News Team at 2:44pm 31st January 2013.

There is a warning some Cornish families will never own their own home, because of rocketing rents.

A report says they are rising by an average of £233 in a year in the Duchy.

Charity Shelter says that means people can not afford to save for a deposit on a house.

Campbell Robb, Chief Executive, said: "Nearly half of renters have just about a hundred pounds or less a month left for everything else, so that's travel, childcare. It's just a shame people are being trapped into rented properties and their dream of owning their own home is just getting further and further away.

"What we want to see is landlords offer better contracts. That's the most important thing for people we speak to. Yes, they want to be able to save more money. But they also want to know they can stay in the property, they can put down roots and their children can be secure in going to the school for a good long time."
 
Some people renting a home in Cornwall have told Pirate FM they have given up hope of ever getting on the property ladder.

Emma Battle, who rents a property in Wadebridge, said: "You get cross because you think, I could be paying this money into a mortgage, you know, this house could be mine in the future. But with rent, you're not going to get anywhere, you're just paying that money in and it's just, just going. It's not building a future for you, you're just paying someone elses mortgage off."

"You have to pay rent and other bills, nursery costs, just general living really, so it's impossible to be able to get fifteen thousand pounds together to get a mortgage, to get you kick started if you know what I mean. I honestly don't think I'll ever afford to have my own house."

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